HC heat network According to a report published in November ahead of the U.S. “Time magazine,” to reduce greenhouse gas emissions and meet growing power demand in China, the Chinese Government is actively promoting renewable Energy Development, particularly Solar Energy And wind energy. China hopes in the field of wind power and solar power as the world leader. Many foreign enterprises have been attracted by the huge market prospects, one after another into China. Some companies have won great success. But some foreign companies that China’s policy to limit them, the Chinese government opposed this, saying that is working to create a level playing field. Some companies and research institutions as long as competitive products and technologies, companies could succeed in the Chinese market.

China’s development of renewable Energy Huge business opportunities of foreign companies have entered the Chinese market

In China, people feel the Chinese government’s commitment to renewable energy is not difficult. Beijing, Shanghai and other major cities floor roof of residential solar water heaters have been covered. In the Inner Mongolia grassland, white wind turbines are springing up like. The location of these generators is very remote, previously only cattle, sheep and horse riding nomads through. Although the next two years, China’s coal consumption is still an annual increase of more than 3%, but the Chinese government has asked the power companies to use part of alternative energy generation. In the global economy in the doldrums of the situation, China’s commitment to promoting green energy development for many international wind power and solar energy companies a lot of opportunities.

Reduce greenhouse gas emissions to meet the electricity demand

As the world’s major emitters of greenhouse gases, China is making great efforts to develop alternative energy sources. Although hydropower has been a leader in the field, but China still wants to wind power and solar power generation to become the leader. China hopes to make 2020 the electricity generated from renewable energy sources in total electricity generation in large power companies account for 8% of the share. According to a company called China’s green technology (ChinaGreentechInitiative) of the organization’s recent survey of 2013, including renewable energy, environmental technology will form a trillion in the Chinese market. Pulitzer Prize winner American author Thomas – Friedman said China’s decision to go green influence in the 21st century and the former Soviet Union launched Sputnik in 1957, just as much.

Behind in the development of new energy is rapidly growing demand for electricity. China’s installed capacity will increase by 2020 nearly doubled, while wind power and solar power generation will grow more than five times. The Chinese government would provide substantial financial subsidies.

Counter restrictions on foreign enterprises, the market has an advantage as long as the technology and products may be successful

But foreign companies investing in China was also facing a number of policy implications. China is vigorously promoting the local alternative energy industry. China currently has more than 100 wind turbine manufacturers and about 400 solar panel manufacturing company. China has fast become the world’s largest solar cell producer, with production far exceeds domestic demand. Some foreign enterprises believe that they enter the Chinese market is limited.

Chinese Government expresses its opposition, saying China’s efforts for all foreign companies a level playing field.

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